Owner not paying HOA dues in Small Condo building

[Jack Taylor]

This question has more to do with condo ownership than investing. I own a condo in an 8 unit building in Chicago. One of the units owners has not paid assessments in over 10 years. The HOA has a lien on the unit, but we are wondering if we have other options to seek out the owed association dues rather than wait for sale of the property?

[Andrew B.]

The condo board needs to go to court to foreclose on the unit. You can take possession, subject to existing mortgage.